FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending:12/31/98 (b)
Is this a transition report?: (Y/N) _N_
Is this an amendment to a previous filing? (Y/N) _N_
Those items or sub-items with a star after the item number should be completed
only if the answer has changed from the previous filing on this form:
1. A. Registrant Name: Prudential Variable Contract Account GI-2
B. File Number: 811-07545
C. Telephone Number:973-716-5674
2. A. Street: Prudential Plaza
B. City:Newark C. State:NJ
D. Zip Code:07102 Zip Ext:3777
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant?(Y/N) _N_
4. Is this the last filing on this form by Registrant?(Y/N) _N_
5. Is Registrant a small business investment company (SBIC)?(Y/N) _N_
6. Is Registrant a unit investment trust(UIT)?(Y/N) _Y_
(If answer is "Y"(yes) complete only items 111 through 132)
7. A. Is Registrant multiple portfolio company?(Y/N) _N_
(If answer is "N" (No), go to item 8.)
B. How many separate series 6r portfolios did Registrant have at the end of
the period?
SCREEN NUMBER: 01 PAGE NUMBER: 01
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 2, "X": _____
C. List the name of each series or portfolio and give a consecutive number
to each series or portfolio starting with the number 1. USE THE SAME
NUMERICAL DESIGNATION FOR EACH SERIES OR PORTFOLIO IN THE SERIES
INFORMATION BLOCK IN THE TOP RIGHT CORNER OF THE SCREENS SUBMITTED IN
THIS FILING AND IN ALL SUBSEQUENT FILINGS ON THIS FORM. THIS INFORMATON
IS REQUIRED EACH TIME THE FORM IS FILED.
Is this the
Series last filing
Number Series Name for this series?
------ ----------- ----------------
1 (Y/N)
6
SCREEN NUMBER: 02 PAGE NUMBER: 02
(NOTE: See item D(8) of the general instructions to the form for information
on how to complete the form for series companies.)
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 47, "X":
UNIT INVESTMENT TRUSTS
111.* A. Depositor Name:
B. File Number (If any): 801-12484
C. City:______
State:_____ Zip Code:______ Zip Ext:
Foreign Country:__________ Foreign Postal Code:
112.* A. Sponsor Name:
B. File Number (If any):_________
C. City:______ State:____ Zip Code:_____ Zip Ext:
Foreign Country:__________ Foreign Postal Code:
SCREEN NUMBER: 65 PAGE NUMBER: 47
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 48, "X":
113. A. Trustee Name:
* B. City:_______ State:____ Zip Code:____ Zip Ext:
Foreign Country: Foreign Postal Code:
114. A. Principal Underwriter Name:
* B. File Number: 8- _________
C. City:_______ State:____ Zip Code:____ Zip Ext:
Foreign Country:__________ Foreign Postal Code:
115. A. Independent Public Accountant Name: PriceWaterhouseCoopers, LLP *
B. City:_______ State:____ Zip Code:____ Zip Ext:
Foreign Country:___________ Foreign Postal Code:
SCREEN NUMBER: 56 PAGE NUMBER: 48
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 49, "X":
116. A. Is Registrant part of a family of investment companies?(Y/N) _N_
* _______________
B. Identify the family in 10 letters:
(NOTE: In filing this form, use this identification consistently for
all investment companies in family.
This designation is for purposes of this form only.)
117. A. Is Registrant a separate account of an insurance company?(Y/N)
* _______________
If answer is "Y" (Yes), are any of the following types of contracts funded
by the Registrant?:
B. Variable annuity contracts?(Y/N):
C. Scheduled premium variable life contracts:
D. Flexible premium variable life contracts:
E. Other types of insurance products registered under the Securities Act
of 1933?(Y/N)
118. State the number of series existing at the end of the period that had
* securities registered under the Securities Act of 1933
___________________________
119. State the number of new series for which registration statements under
* the Securities Act of 1933 became effective during the period _0_
120. State the total value of the portfolio securities on the date of
* deposit for the new series included in item 119 ($000's omitted)
___________________________
121. State the number of series for which a current prospectus was in *
* existence at the end of the period
122. State the number of existing series for which additional units
* were registered under the Securities Act of 1933 during the period _1_
SCREEN NUMBER: 57 PAGE NUMBER: 49
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 50, "X": ______
123. State the total value of the additional units considered in answering item
* 122 ($000's omitted) _$5,910_
124. State the total value of units of prior series that were placed in the
* portfolios of subsequent series during the current period (the value of
these units is to be measured on the date they were placed in the
subsequent series)($000's omitted)
___________
125. State the total dollar amount of sales loads collected (before
* reallowances to other brokers or dealers) by Registrant's principal
underwriter and any underwriter which is an affiliated person of the
principal underwriter during the current period solely from the sale of
units of all series of Registrant ($000's omitted)
______________
126. Of the amounts shown in item 125, state the total dollar amount of
sales loads _$000_ collected from secondary market operations in
Registrant's units (include the sales loads, if any, collected on units
of a prior series placed in the portfolio of a
subsequent series.)($000's omitted) _____$0______
127. List opposite the appropriate description below the number of series
whose portfolios are invested primarily (based upon a percentage of NAV)
in each type of security shown, the aggregate total assets at market value
as of a date at or near the end of the current period of each such group
of series and the total income distributions made by each such group of
series during the current period (excluding distributions of realized
gains, if any):
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
--------- -------- ----------------
A. U.S. Treasury direct issue
B. U.S. Government agency
C. State and municipal tax-free
D. Public utility debt
E. Brokers or dealers debt or
debt of brokers' or dealers'
parent
F. All other corporate intermed.
& long term debt
G. All other corporate short-
term debt
H. Equity securities of brokers
or dealers or parents of
brokers or dealers
I. Investment company equity
securities
J. All other equity securities 1 6,132
K. Other securities
L. Total assets of all series of 6,132
registrant
SCREEN NUMBER: 58 PAGE NUMBER:50
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For period ending 12/31/98 If filing more than one
File number 811-07545 Page 51, "X"_______
128. Is the timely payment of principal and interest on any of the portfolio
securities held by any of Registrant's series at the end of the current
period insured or guaranteed by an entity other than the issuer?(Y/N)_____
129. Is the issuer of any instrument covered in item 128 delinquent or in
default as to * payment of principal or interest at the end of the current
period?
(Y/N)__________
130. In computations of NAV or offering price per unit, is any part of the
value attributed to instruments identified in item 129 derived from
insurance or guarantees?(Y/N)_________
131. Total expenses incurred by all series of Registrant during the current
reporting period ($000's omitted) _$7_
132. List the "811"(Investment Company Act of 1940) registration number for all
* Series of Registrant that are being included in this filing:
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
811- 811- 811- 811-
SCREEN NUMBER: 59 PAGE NUMBER:51
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This report is signed on behalf of the registrant in the city of Livingston and
State of New Jersey on the 26th day of February, 1999.
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
BY: /S/ Tucker Marr WITNESS: /S/ Glenn H. Shepherd
Tucker Marr Glenn H. Shepherd
Vice President and Assistant Controller Director, Finance
